AFH Financial Group Plc Exercise of Options

Afh Financial (LSE: AFHP)
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Monday, August 3, 2020

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RNS number: 8269U

AFH Financial Group Plc

August 03, 2020

August 3, 2020

AFH Financial Group plc

("AFH" or the "company")

(GOAL: AFHP)

Exercise options

The Board of Directors of AFH, a leading financial planning-led investment management company, announces that 32,102 new 10 pence common shares of the Company (the "new common shares") have been admitted to trading on AIM. 19,271 new common shares were issued and allocated as part of the exercise of stock options under the AFH EMI stock option plan. 5,535 new ordinary shares were issued and allocated as part of the exercise of stock options within the AFH Financial Group Plc CSOP. As part of the exercise of stock options as part of the AFH Growth Share program, 7,296 new ordinary shares were issued and allocated. In all respects, the new ordinary shares will rank equally with the company's existing ordinary shares.

665 of the stock options have an exercise price of £ 1.505; 1,845 of the stock options have an exercise price of £ 1.625; 6,606 of the stock options have an exercise price of £ 1.65; 12,000 of the stock options have an exercise price of £ 1.69; 3,690 of the stock options have an exercise price of £ 2.71 and 7,296 of the shares have an exercise price of £ 3.18. The new ordinary shares are expected to be admitted to trading on AIM on August 6, 2020.

After the issue of the new ordinary shares, the issued share capital of the company comprises 42,981,495 ordinary shares of 10 pence each.

The total number of ordinary shares of AFH with voting rights is therefore 42,981,495. This number represents the total voting right in the company and can be used by the shareholders as a denominator for the calculations on the basis of which they determine whether they have to report their interest in or a change in their interest in or a change in their interest. Interest in the company in accordance with the Financial Conduct Authority's disclosure and transparency rules.

For further information please contact:

   AFH Financial Group PLC                                                               01527 577 775 

Alan Hudson, CEO

Paul Wright, chief financial officer

   Liberum ( Nominated Adviser and Joint Broker)                          020 3100 2000 

John Fishley / Richard Bootle / Euan Brown

Shore Capital (Joint Broker) 020 7408 4090

Hugh Morgan / Edward Mansfield / Daniel Bush

   Yellow Jersey PR Limited (Financial PR)                                      0776 932 5254 

Joseph Burgess / Georgia Colkin / Annabel Atkins

For the purposes of MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055, this announcement is made on behalf of the company by Paul Wright, Chief Financial Officer.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority as the primary information provider in the United Kingdom. Conditions for the use and distribution of this information may apply. For more information, please contact rns@lseg.com or visit www.rns.com.

THE END

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(END) Dow Jones Newswires

August 03, 2020 2:00 AM ET (6:00 AM GMT)

(tagsToTranslate) AFHP (t) Afh Financial (t) AFHP News (t) Afh Financial News (t) AFHP Headlines (t) Afh Financial Headlines



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